Wendelin Wiedeking, the highly regarded chief executive of Porsche who is now blamed for incurring huge debts to finance a bid for Volkswagen AG, may be pushed out of his job, according to German news reports.
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Nissan Motor Co. said today that it will build advanced battery-making plants in Britain and Portugal to power its future electric cars.
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Toyota’s top executive in the United States said the company was reviewing its entire operation here, saying executives haven’t decided whether to close a factory in California or when it will open a factory in Mississippi.
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